Resolution on Acquisition of Treasury Stock

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure title : Resolution on Acquisition of Treasury Stock

1. Number of shares to be acquired : 1,256,300 common shares

2. Expected acquisition amount : KRW 187,188,700,000

3. Expected period of acquisition : January 5 ~ February 3, 2016

4. Expected period of holding : January 5 ~ February 5, 2016

5. Purpose of acquisition : Grant of bonus stock to employees

6. Method of acquisition : market purchase

7. Security firm commissioned : HMC Investment Securities

8. Treasury stock holdings at the time of disclosure (prior to acquisition)

9. Date of board decision : January 4, 2016

* 5 external directors were present for the board decision.

10. Order limit per day : 125,630 common shares

11. Notes

a. The "Expected acquisition amount" has been calculated by multiplying the number of shares to be acquired by the closing price of common share the day before the board decision date. The amount is subject to change based on shift in share price. (Closing price of common share on December 30, 2015 : KRW 149,000)

b. 'Expected period of holding' above is based on the expected date of granting bonus stock to employees on February 5th 2016.